By Vicki Needham - 09/14/11 05:45 PM EDT
"As a result of the historic enactment of the comprehensive Dodd-Frank Act last year, these two agencies acquired substantially expanded responsibilities," he said.
The amounts are more than provided by House appropriators.
In June, the House Appropriations Committee held the SEC's budget to last year's level, at $1.185 billion. This hasn't yet been considered on the House floor.
The CFTC's budget fared worse in the House, as appropriators cut the budget to $171.9 million for the fiscal year that begins Oct. 1. The House passed that bill.
The full committee is expected to approve the measure on Thursday.
Appropriators on both sides of the Capitol are working on a continuing resolution to keep the government running into the next fiscal year.
Neither side has unveiled a bill yet, nor provided any details on where funding levels will stand. House Appropriations Chairman Hal Rogers (R-Ky.) has said he plans to include disaster aid for the Federal Emergency Management Administration (FEMA) in the House's bill, although he hasn't said how much.
Overall, the request includes an additional $167.3 million for Small Business Administration (SBA) disaster resources, and is about $4.3 billion less than Obama's request for about $26 billion in fiscal 2012 — a decrease of more than 16 percent. The request is $224 million less than last year's enacted amount, a 1 percent decrease.
"We’ve crafted a spending bill that is fiscally responsible," Durbin said. "So much so that the federal agencies and programs carried in this bill are facing real pain and potentially disruptive setbacks," he said.
Under the funding plan, Durbin said, "some agencies will be forced to furlough staff, reduce the number of grant recipients, defer needed projects that would improve efficiency and transparency and relegate promising initiatives to the back burner."
"I deeply regret these difficult circumstances," he said.
Also under the bill, the IRS would get a total of $11.663 billion, a decrease of $458.8 million below last year.
SBA would receive $788 million, an increase of $58 million.
Other provisions include:
• The Consumer Product Safety Commission: $114.5 million, a decrease of $0.3 million.
• The Community Development Financial Institutions Fund: $200 million, a decrease of $27 million.
• Treasury, other: $972 million for other Treasury programs, including terrorism and financial intelligence programs, administration of federal disbursements such as Social Security payments, and the Special Inspector General for TARP, a decrease of $23 million.
• The Office of National Drug Control Policy: (part of the Executive Office of the President): $359.3 million, $47 million below last year's levels.
• The Judiciary: $6.93 billion in mandatory and discretionary funding for the federal courts, an increase of $26.7 million.
• District of Columbia: $658.1 million, a decrease of $40.6 million. The amount designated for the District government is $122.6 million, of which $90 million is for education-related functions.
• The Election Assistance Commission (EAC): $14.8 million, a decrease of $1.5 million.
• General Services Administration (GSA): $65 million for construction and acquisition and $280 million for repair of federal buildings and courthouses.
• Office of Special Counsel (OSC): $18.97 million, an increase of $514,000.